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Aftermath Silver launches PFS at Berenguela project in Peru
Yahoo Finance· 2026-02-12 17:32
Core Viewpoint - Aftermath Silver has initiated a Pre-Feasibility Study (PFS) for its Berenguela silver-copper-manganese project in Peru, marking a significant step towards potential production [1] Group 1: Project Development - The initiation of the PFS follows a successful C$20 million equity financing and an extensive 82-hole infill drilling program completed in 2025 [1] - The drilling campaign intersected mineralization in 95% of the holes, significantly increasing geological confidence in the project [1] - The updated Mineral Resource Estimate confirmed approximately 122.5 million ounces of silver and 717.1 million pounds of copper, enhancing the understanding of the deposit [1] Group 2: Future Plans - The PFS will build on the improved geological model and is expected to outline updated project economics, mine planning parameters, and development scenarios [1] - While advancing the PFS, the company plans to maintain exploration momentum across its portfolio, including drilling at the Challacollo silver project in Chile [1] - The initiation of the PFS is seen as a pivotal step in transforming Berenguela from an advanced exploration asset into a potential future mining operation [1]
Midland Provides an Overview of Its 2026 Exploration Activities for Its Gold and Copper-Gold Projects, Including Those with Its Partners
Globenewswire· 2026-02-12 12:30
Core Viewpoint - Midland Exploration Inc. is advancing its gold and copper-gold exploration activities in Quebec for 2026, focusing on several projects in partnership with major companies, with a planned exploration budget exceeding $12 million [4][36]. Exploration Activities - Midland's exploration budget for 2026 is over $12 million, with $9.5 million from Midland and $2.5 million from partners, and nearly 15,000 meters of drilling planned [4]. - The company is collaborating with major partners such as BHP, Rio Tinto, Barrick Gold, and Agnico Eagle to advance multiple projects [4]. Project Highlights - **Jouvex Project**: Located 10 kilometers northwest of the Douay gold deposit, showing potential for volcanic massive sulfide-type mineralization based on historical drilling data and drone-supported magnetic surveys [6]. - **Casault Project**: In partnership with Wallbridge, this project has identified gold-in-till anomalies and new exploration targets along the Sunday Lake Deformation Zone, with a planned drilling campaign of 3,000 meters in 2026 [9][12]. - **La Peltrie Project**: A joint venture with Probe, this project has extended known Cu-Au-Ag-Mo mineralization and completed extensive soil sampling programs [13][14]. - **Caniapisc Au Project**: Located in the Ashuanipi Subprovince, this project confirmed historical gold anomalies and identified several mineralized boulders during exploration [22][23]. - **Lac Bernard and Viau Projects**: New projects identified based on regional studies, with lake bottom sediment sampling confirming several Cu and Au anomalies [25][26]. - **Willbob Project**: Acquired 100% interest in the Kan project, expanding exploration rights and identifying gold mineralization in altered iron formations [27][28]. - **Nachicapau Project**: A strategic alliance with SOQUEM has identified several Cu-Au-Ag mineralized zones, with ongoing exploration to determine the extent of mineralization [29][31]. - **Malaco Mountain Project**: This project has discovered Cu-Au-REE mineralization, with follow-up exploration planned for 2026 [32][33]. Strategic Partnerships - Midland emphasizes partnerships with reputable companies to enhance exploration efforts and generate shareholder value, indicating a preference for collaborative projects [36].
Tribeca Resources Provides Update on Field Activities in Chile and Engages Torrey Hills Capital
Thenewswire· 2026-02-12 11:00
Core Insights - Tribeca Resources Corporation is advancing its exploration activities at the Jiguata porphyry copper project and preparing for drilling at the Chirsposo Sur target within the La Higuera IOCG project [1][2] Group 1: Jiguata Porphyry Copper Project - The Jiguata Property spans 10,000 hectares in the Tarapacá region of northern Chile, located in a significant porphyry copper belt [3] - Geological mapping has identified multiple large alteration systems, with mineral assemblages indicative of high sulphidation epithermal environments [4][5] - Approximately 370 soil and 50 rock samples have been collected, with preliminary pXRF analysis underway [9] Group 2: La Higuera IOCG Project - The Chirsposo Sur Target is characterized by a strong hydrothermal magnetite alteration system, with a strike length of 1.2 km and associated geophysical anomalies [18] - The planned drill program includes three diamond holes totaling approximately 1,050 meters [20] - Historical drilling at the Chirsposo Sur Target has shown IOCG-style alteration with weak copper mineralization [19] Group 3: Investor Relations and Market Awareness - Tribeca Resources has engaged Torrey Hills Capital for investor relations services to enhance market awareness [23][24] - The engagement includes a monthly fee of US$4,500 for an initial term of four months, along with stock options granted to Torrey Hills and Global Ore Discovery [25][26]
CopperTech unveils partnership to boost geoscience tech at Konkola mines
Yahoo Finance· 2026-02-12 10:32
Core Perspective - CopperTech Metals has formed a strategic partnership with Axiom Group, VBKOM, and Fleet Space Technologies to enhance geoscience technologies at the Konkola Copper Mines in Zambia, aiming to improve subsurface analysis and resource development capabilities [1][5]. Group 1: Partnership Details - The collaboration will integrate CopperTech's AI-driven mining techniques with Axiom's geoscience expertise, VBKOM's mining systems knowledge, and Fleet Space Technologies' ExoSphere platform to enhance exploration and resource definition [2]. - Axiom Group's CEO highlighted that this partnership represents a new model for innovation deployment in mining, focusing on accelerating geological understanding and building long-term competitiveness [3]. Group 2: Technological Advancements - The partnership will utilize Fleet's ExoSphere technology to conduct a detailed 3D seismic survey of the orebody at Konkola Copper Mines, generating high-resolution models and AI-driven insights for drill targeting [3][4]. - The advanced methods are expected to reduce exploration uncertainty and increase efficiency in complex geological conditions, thereby speeding up learning cycles [4]. Group 3: Company Background and Goals - CopperTech Metals, established by Vedanta Resources, operates as an integrated producer of copper and cobalt, managing the Konkola Copper Mines in Zambia's Copperbelt Province, known for high-grade copper deposits [5][6]. - The company aims to position itself as a key supplier of critical minerals to support US technology sectors and infrastructure updates [6].
Morgan Stanley Upgrades Harmony Gold (HMY) to Equal Weight Following Year of Underperformance
Yahoo Finance· 2026-02-11 18:47
Group 1 - Harmony Gold Mining Company Ltd. (NYSE:HMY) is considered one of the most undervalued gold stocks according to analysts [1] - Morgan Stanley upgraded Harmony Gold from Underweight to Equal Weight, raising the price target to ZAR 330 from ZAR 265, based on the stock's valuation after a year of underperformance [1] - A major event risk has been resolved with the public release of updated capital guidance for the Eva project [1] Group 2 - Harmony Gold is successfully integrating the newly acquired CSA copper mine in Australia, with specific guidance expected during the upcoming interim results [2] - Progress is being made at the Eva Copper Project, with a newly appointed contractor scheduled to mobilize to the site in the March 2026 quarter [2] - The leadership team is reviewing the capital structure to fund long-term growth projects while ensuring competitive shareholder returns [3] Group 3 - Detailed operational and financial figures for Harmony Gold will be officially released on March 11 this year [3] - The company explores, extracts, and processes mineral properties in South Africa, Papua New Guinea, and Australia, focusing on gold, uranium, silver, and copper deposits [3]
亚洲大宗商品:新背景下的供应约束与资源价值-Asia Commodity Corporate Day_ Supply constraints and value of resources in a new context
2026-02-11 15:40
Summary of Key Points from the Conference Call Industry Overview - **Industry**: Metals & Mining - **Event**: GS Asia Commodity Corporate Day held from February 2-4, featuring 13 companies involved in various commodities including copper, aluminum, lithium, tungsten, nickel, cobalt, rare earths, gold, silver, graphite, potash, coal, and battery materials [1][2] Core Insights - **Positive Sentiment**: There is a generally positive outlook among miners and producers for most commodities, supported by solid supply and demand fundamentals [2] - **Supply Constraints**: Current supply constraints differ from past cycles, influenced by factors such as government-imposed controls (e.g., production quotas in China and Indonesia) and increased trade barriers [2] - **Long-term Value Appreciation**: Miners and producers are increasingly recognizing the long-term value of resources, particularly in copper, gold, lithium, and tungsten, with expectations of output growth ranging from 20% to 100% over the next 3-5 years [3] Company-Specific Insights China Qinfa Group (中国秦发) - **Key Commodities**: Focus on coal production, particularly in Indonesia [11] - **Government Regulations**: Increased supply discipline due to government regulations, including production quotas and potential export taxes [11] - **Production Capacity**: Anticipated production output of over 10 million tons of raw coal by 2026, with significant growth expected from underground mining operations [12][13] - **Cost Structure**: Current total unit cost is Rmb310 per ton, with expectations to reduce costs to Rmb200 per ton as operations ramp up [15] - **CAPEX Plans**: Future capital expenditures will focus on expanding mining operations, with an average cost of Rmb2.0-3.0 billion per pit [17] Additional Important Points - **Geographic Focus**: Preferred mining assets are primarily located in Africa, Central Asia, and domestic China [3] - **Market Dynamics**: The appreciation of resource values is occurring despite a broad macroeconomic downturn and trends toward de-dollarization [3] - **Production Growth Drivers**: The company is implementing strategies to improve production efficiency and reduce costs, including the use of advanced mining techniques and partnerships for coal chemical production [18] Conclusion The conference highlighted a robust outlook for the metals and mining industry, driven by strong demand fundamentals and strategic adaptations to supply constraints. Companies like China Qinfa Group are positioning themselves for significant growth through regulatory compliance and operational efficiencies.
Pecoy Copper Announces OTCQB Listing and DTC FAST Eligibility
Globenewswire· 2026-02-11 12:15
VANCOUVER, British Columbia, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Pecoy Copper Corp. (“Pecoy Copper” or the “Company”) (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) is pleased to announce that its common shares have commenced trading in the United States on the OTCQB Venture Market (“OTCQB”) and are now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”), including admission to DTC’s Fast Automated Securities Transfer (“FAST”) program. OTCQB Listing The Company’s common shares be ...
Copper Quest Signs Auxer Gold Property Option Agreement To Expand US Operations
Globenewswire· 2026-02-11 12:00
Core Viewpoint - Copper Quest Exploration Inc. has entered into an Option to Purchase Agreement to acquire 100% of the AUXER Gold Property in Idaho, enhancing its exposure to gold and copper assets in North America [1]. Group 1: AUXER Gold Property Overview - The AUXER Gold Project is located in Bonner County, Idaho, approximately 4 miles northeast of Hope, covering 2,687 acres with 130 unpatented lode claims [3]. - The project is situated in a significant structural corridor within the Hope Fault system, indicating a strong geological potential for orogenic gold deposits [4]. - Historical exploration has shown exceptional gold grades, with surface samples reporting up to 21.0 g/t Au and underground workings averaging 9.42 g/t Au at an 18-meter depth [5]. Group 2: Exploration Potential - The AUXER Gold Project has not undergone historical drilling, with previous exploration limited to underground workings from the early 20th century, presenting a unique opportunity for modern exploration techniques [6]. - The project features a 7-kilometer strike length of mineralization and has multiple high-grade ore shoots, indicating potential for substantial underground mining operations [7]. - The property is permitted for drilling and re-establishing underground access, allowing for immediate exploration activities [7]. Group 3: Transaction Details - Under the Agreement, Copper Quest will pay a non-refundable fee of USD$30,000 and issue 2,000,000 common shares at a deemed price of $0.15 per share to acquire the property [11]. - The common shares will be escrowed with staged releases over 12 months, and the transaction is subject to a 30-day due diligence period and exchange approval [11]. Group 4: Market Context - Global demand for gold remains strong due to geopolitical uncertainty and inflation, while supply growth is limited, highlighting the strategic value of advancing new gold projects in secure jurisdictions [12]. - Copper Quest is positioned to contribute to significant gold discoveries with its acquisitions, including the AUXER Gold Project and the past-producing Alpine Gold mine [9][12].
Fitzroy Minerals Starts Heliborne Mobile MT Geophysical Survey at Caballos Copper Project, Chile
Thenewswire· 2026-02-11 12:00
Vancouver, British Columbia – February 11, 2026 – TheNewswire - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQX: FTZFF; FSE: C3Y) (“Fitzroy” or the “Company”) is pleased to announce that Expert Geophysics Surveys Inc. has started a planned 750 line-kilometre mobile magnetotelluric (“MobileMT”) heliborne survey at the Caballos Copper Project, Valparaiso, Chile. This survey will cover the entirety of Fitzroy's Caballos Copper Project (the “Property” or the “Project”) within two days and interpreted results are expec ...
Andina Copper Provides Exploration Update at Piuquenes
Thenewswire· 2026-02-10 14:05
Core Insights - Andina Copper Corporation is advancing exploration activities at its Piuquenes Project in San Juan Province, Argentina, with ongoing drilling at Piuquenes East and a new high-priority drill target identified at Piuquenes North [1][20]. Exploration Activities - Drilling at Piuquenes East continues to expand known porphyry copper-gold mineralization, with the latest hole PIU09 reaching a depth of 799.5 m and intersecting multiple mineralized zones [2][4]. - The current drill hole PIU10A is designed to test a high-priority target between Piuquenes East and Piuquenes Central zones [5][6]. - A deep-penetrating Magnetotelluric (MT) geophysical survey has defined a new anomaly at Piuquenes North, measuring approximately 800 m × 700 m, which remains untested by drilling [3][11]. Drilling Results - PIU09 logged significant mineralization, particularly between depths of 565 m and 675 m, indicating a robust porphyry system at Piuquenes East [4][10]. - The MT anomaly at Piuquenes North is considered a high-priority target for future drilling, with planned holes PN01 and PN02 to evaluate its relationship to known mineralization [14][20]. Integration of Data - The integration of drilling results, geological interpretation, and geophysical data has refined the exploration framework, suggesting that the mineralization at Piuquenes East and Central may be related to a deeper source at Piuquenes North [13][12]. - The MT survey results indicate a coherent, deep-seated low-resistivity anomaly that extends below current drilling limits, suggesting potential for significant mineralization at depth [11][12]. Company Strategy - The company has mobilized a second drill rig to facilitate concurrent drilling at both Piuquenes East and North, indicating a strategic approach to maximize exploration efficiency [3][20]. - The President & CEO emphasized the potential of Piuquenes as a significant Andean porphyry copper system, highlighting the encouraging scale and coherence of the MT anomaly [20][21].